844 Commerce Street

Estimated Monthly Payment: $6,167/mo 844 Commerce Street, Thornwood, NY 10594 MLS# 4848122 Commercial Listing Status: Sold
3,600 sqft
Eva Casoria Keller Williams Realty Eva Casoria Logo 914-437-6100 mobile: 914-804-6300 Download Our Mobile App Contact Me
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REMARKS:

Don't miss this terrific investment opportunity. This income producing property is easily manageable, even for the novice investor!! The parcel includes 2 structures with 3 separate spaces and plenty of parking. Majority of income is residential so taxes are attractively low. Very close to town, shops, and train station. 1) SF HOUSE has 3 bedrooms/2 full baths (approx 1600sf) and collects $3460/month in rent ( 4% annual increase). 2) APARTMENT has 2 beds/2 baths (approx 1000sf) with $2300/month in rent (includes water), and was fully renovated in 2015. Tenant lease ends Feb 2019. 3) RETAIL SPACE is 1000sf and collects $2100/month with lease end Sep 2020. Separate water meters for SF/retail. Store pays 30% of water bill. Commercial space is combustion-free (oil tank and boiler removed), and new electric central air with 2 ton units have been installed in each store and apartment. Tenants pay ALL utilities.

OVERVIEW:

Commercial
Sold
3/8/2019
1964
3600
4+ Car Attached, Driveway, Off-Street Parking
Central, Window Units
Energy Star Unit(s), Forced Air, Hot Water
Electric, Oil Above Ground
Municipal

SCHOOLS:

Mount Pleasant

FINANCIAL:

$987,500
$19,971
2017

NEIGHBORHOOD & SCHOOL INFORMATION:

Courtesy of Keller Williams NY Realty

 

 

 

 

 

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